Pender Strategic Growth and Income Fund’s Q3 2024 Investor Letter

PenderFund Capital Management, an investment management company, released its “Pender Strategic Growth and Income Fund” Q3 2024 investor letter. In September, the Federal Reserve revealed a 50-basis-point reduction to its benchmark interest rate, indicating the first decrease in borrowing costs since March 2020, as inflation begins to ease. The fund returned 7.8% in the quarter while trailing one and three year total annualized returns were 26.1% and 8.1%, respectively. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.

A copy of Pender Strategic Growth and Income Fund’s Q3 2024 investor letter can be downloaded here.